Fundamentals
USD
- CFTC oversold
- Possible safe-haven reaction if the 0.5 is perceived as a recessionary cut.
- Latest economic releases are ok
CAD
- CPI Down
Technical & Other
- Buy limit
- CAD hasn't grown in the general sentiment of the dollar sell-off
Setup: S(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Up
Long-term: Sideways
Min target: ~1.37
Risk: 0.22%
USD
- CFTC oversold
- Possible safe-haven reaction if the 0.5 is perceived as a recessionary cut.
- Latest economic releases are ok
CAD
- CPI Down
Technical & Other
- Buy limit
- CAD hasn't grown in the general sentiment of the dollar sell-off
Setup: S(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Up
Long-term: Sideways
Min target: ~1.37
Risk: 0.22%
Trade closed: stop reached
-1R. Caught a knife with a buy limit - at least I was patient enough not to get in at the top of the impulse.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.